TJ Maxx Closing Newbury Street Store; 117 Laid Off

Framingham-based TJX has notified the state it will close the three-story TJ Maxx at 360 Newbury St. in Boston by Jan. 3, 2026, and filed a WARN notice saying 117 employees will be laid off effective Jan. 5, 2026. The company said the move reflects an ongoing review of its real estate strategy, called the closure a one-off, and said it will try to place affected workers at other nearby stores, though the WARN filing says the layoffs are expected to be permanent and will include store management and merchandise associates with no bumping rights. The Newbury Street store opened in 2016, spans roughly 45,000 square feet across three floors, and sits next to the Hynes Convention Center MBTA entrance. Two other Boston-area TJX/TJ Maxx locations will remain open. TJX said it is expanding elsewhere nationally, planning roughly 130 new openings this year as it grows its store base.